Mark Cuban Critiques High-Deductible Insurance Plans: 'Not Good For Patients'

Reported 4 days ago

Mark Cuban has voiced his discontent with the state of healthcare funding in America, criticizing insurance companies for promoting low-premium, high-deductible plans that ultimately disadvantage patients and healthcare providers. During a talk at Stanford University, he explained how these plans may seem affordable but lead to financial burdens for both patients and doctors, who face the repercussions of unpaid medical bills. Cuban advocates for direct contracting between healthcare providers and patients, aiming to simplify pricing and reduce reliance on insurance companies.

Source: YAHOO

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